Juan Gonzalez (COL ’15) spent an enlightening semester in India working with microfinance. Not many people consider the slums of Pune, India, to be their desired study-abroad destination. But College ...
Commercial microfinance in India is a subprime credit industry that lends to over 35 million working-class women at interest rates of 20 to 26 percent. In the last decade, the industry has seen ...